A promoter of Ajanta Pharma Limited has created a pledge on a total of 16,02,500 shares. The pledge has been created to secure a bank guarantee and increase the loan amount. The disclosure was made on December 26, 2025.
Details of Pledge Creation
A promoter of Ajanta Pharma Limited has created a pledge on 16,02,500 shares, according to an announcement on December 26, 2025. This action increases the number of shares under encumbrance from 65,18,247 to 76,43,247 shares, representing 6.12% of the total share capital. A separate pledge for 4,77,500 shares was made, increasing the promoter group’s pledge from 76,43,247 to 81,20,747 shares.
Breakdown of Share Pledges
Aayush Agrawal, as trustee of Aayush Agrawal Trust, has existing pledged shares with RBL Bank Ltd. Another pledge for 11,25,000 shares was made, taking the total pledged shares to 76,43,247, representing 6.12% of the total share capital. Separately, 4,77,500 shares are pledged with Bajaj Finance Ltd, bringing the total pledged shares to 81,20,747, representing 6.50% of the total share capital.
Reason for Encumbrance
The reason cited for creating the pledge on shares is to obtain a bank guarantee and increase the loan amount. The disclosure provides details of encumbrance under SEBI (SAST) Regulations, 2011 for Ajanta Pharma Limited. The promoter group continues to maintain significant unencumbered shareholding in the company.
Source: BSE
